What are the requirements for a car loan for the Genesis G80 2021 3.5T Platinum (AWD) in KSA?

You typically need a valid ID, proof of income, a good credit score, and sometimes a down payment to secure a car loan in KSA.

How does taking a car loan affect my credit score?

Taking a car loan can impact your credit score positively if you make timely payments, but missed payments can negatively affect it.

Factors include your credit score, the loan amount, loan term, and the lender's policies.

Be cautious of hidden fees, the total cost of the loan, and ensure you understand the terms and conditions before signing.

Approval can take anywhere from a few hours to a few days, depending on the lender’s process and your documentation.

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To finance this car, you can first calculate the installment price in KSA

Total Car Price-

Down PaymentSAR 41,500

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	SAR 166,277	SAR 0

You typically need a valid ID, proof of income, a good credit score, and sometimes a down payment to secure a car loan in KSA.
Taking a car loan can impact your credit score positively if you make timely payments, but missed payments can negatively affect it.
Factors include your credit score, the loan amount, loan term, and the lender's policies.
Be cautious of hidden fees, the total cost of the loan, and ensure you understand the terms and conditions before signing.
Approval can take anywhere from a few hours to a few days, depending on the lender’s process and your documentation.